Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...

An Israeli man who used to live in South Plainfield admitted to obtaining more than $3.2 million in a PPP COVID loan fraud: ...

New England auto mogul Herb Chambers has agreed to pay roughly $11.8 million to resolve federal allegations that several of ...

Herb Chambers, several of his companies, and an officer in one of the businesses agreed to the settlement, the U.S.

Acting U.S. Attorney Justin Whatcott announced Miguel Vittorio, Yessenia Casillas and Luis Vasquez pleaded guilty to bank ...

Herb Chambers, who sold most of his New England-wide network of car dealerships, has signed an agreement to pay $11.8 million ...

In an agreement to resolve False Claims Act allegations, Herb Chambers, several of his companies, and an officer of one of ...

The settlement is based on allegations that the owner used the funds to purchase a FedEx business with a friend.

There was mass confusion" from the federal government during the COVID-19 epidemic with "vague and unclear language" about ...

Billionaire Herb Chambers will pay $11.8 million to settle allegations that his companies improperly obtained Paycheck Protection Program (PPP) loans. Chambers' companies allegedly sought loans ...

Despite the volume of litigation, False Claims Act cases tend to close very quickly – of the cases in which Docket Alarm reports timing date for the case, they tend to close within 30 days. This ...

The Seattle-based company, which had made home loans for more than a century, announced it was quitting the mortgage business ...